Goods and Services Tax Return (GSTR) process undergoes a significant enhancement with the redesign of Table 8, specifically addressing the declaration of e-commerce data.
Even as the overall Goods and Services Tax (GST) collections surpassed Rs 1.6 lakh crore in most months of the fiscal year, a recent study has brought attention to the uneven growth in consumption demand among Indian states.
In a sweeping move, Goods and Services Tax (GST) authorities have issued demand notices totaling ₹1.45 lakh crore to approximately 1,500 businesses in December.
The Supreme Court of India has issued a notice to the Union government, demanding a response to a plea filed by online gaming companies challenging tax demands amounting to ₹1.5 lakh crore.
Life Insurance Corporation of India (LIC) encountered a significant setback as tax authorities issued a demand notice amounting to approximately Rs 663.45 crore.
Vodafone Idea Challenges Rs 10.76 Crore Penalty Under GST Act; Seeks Rectification and Reversal
29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs. 44,015 crore detected in a sustained drive against non-existent taxpayers by GST formations across the country since May 2023; 121 arrested
The Competition Commission of India (CCI) has successfully contested and overturned a service tax demand of Rs 7.08 crore imposed by the Directorate General of GST Intelligence (DGGI).
Effective from February 1, 2024, businesses are mandated to adhere to new specifications based on their Aggregate Annual Turnover (AATO).
The National Informatics Centre (NIC) has unveiled a pivotal update on January 5, 2024, reshaping the landscape of electronic documentation for businesses.
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